Global LNG oversupply set to continue until mid-year -Inpex executive
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FLORENCE, Italy (Reuters) - Oversupply in the global liquefied natural gas (LNG) market could continue until the middle of the year but then ease as demand from southeast Asia and India picks up, an executive from Japanese oil and gas firm Inpex Corp. told Reuters.LNG prices are at record lows due to lower demand from Asia stemming from a warmer-than-usual winter and a weakened economy from a trade war with the United States."There is at this moment a kind of oversupply. The oversupply..